In what might be one of the most sensational deals in the tech industry, Broadcom is interested in buying Qualcomm. According to a report, Broadcom is currently in talks with advisers on how to best approach the potential bid, which is likely to be made official by the end of 2017. However, it is an iffy situation right now and sources from the company have said that Broadcom might even not go ahead with it if the pieces don’t fall into place.
Qualcomm is the largest maker of modems while Broadcom is the industry leader in terms of WiFi chips. A deal between the two companies would consolidate their stand in the industry and put them in a better position to negotiate [...]